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Putin signs law allowing government to quickly raise pensions – RIA

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© Reuters. FILE PHOTO: Russian President Vladimir Putin attends a flag-raising ceremony on the ferry Marshal Rokossovsky via a video link at his residence outside Moscow, Russia March 4, 2022. Sputnik/Alexey Nikolsky/Kremlin via REUTERS

(Reuters) – Russian President Vladimir Putin has signed a law allowing his government to quickly raise pensions, part of a set of anti-crisis measures after Russia was hit by a wave of economic sanctions over Ukraine, the RIA news agency reported on Tuesday.

Another new initiative signed into law by Putin gave individuals and small- and medium-sized businesses the right to request “credit holidays,” RIA reported.

Putin signs law allowing government to quickly raise pensions – RIA

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